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  Boeing completes successful first flight of 737-10

  June 19, 2021 12:45 IST

  Global aerospace major Boeing has completed a successful first flight of -- 737-10 -- the largest airplane in the 737MAX family.

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  Indians' funds in Swiss banks: Govt seeks details from Swiss authorities

  June 19, 2021 11:14 IST

  In its statement, the ministry said the figures "do not indicate the quantum of much debated alleged black money held by Indians in Switzerland. Further, these statistics do not include the money that Indians, NRIs or others might have in Swiss banks in the names of third-country entities."

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  BharatPe in talks to raise $250M led by Tiger Capital: Report

  June 19, 2021 10:51 IST

   In January, BharatPe had raised Rs 200 crore from three top debt companies in the country -- Alteria Capital, InnoVen Capital and Trifecta Capital, having later raised additional capital from ICICI Bank and Axis Bank 

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  Centrum, BharatPe set to take over PMC Bank

  June 19, 2021 8:41 IST

  The RBI on Friday gave an in-principle approval to Centrum Financial Services Ltd (Centrum), the established NBFC arm of the Centrum Group, to establish a SFB. Resilient Innovations Private Ltd (BharatPe), a fintech major, will be an equal partner, said a joint statement by both the companies.

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  India's forex reserves rise by over $3 billion

  June 19, 2021 8:04 IST

  According to RBI weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the week ended June 4.

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  HDFC Bank board declares dividend of Rs 6.50 per share for FY21

  June 18, 2021 23:37 IST

  HDFC Bank on Friday said its board has declared a dividend of Rs 6.50 per share for the year ended March 2021.

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  Gautam Adani not Asia's 2nd richest any more

  June 18, 2021 20:33 IST

  Suffering a rout in the stock markets this week, Adani Group Chairman Gautam Adani has lost the coveted tag of being Asia's second richest billionaire.

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  Wipro to roll out salary hikes for junior staff from Sep 1

  June 18, 2021 18:01 IST

  IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021.

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  Fuel on new high! Petrol price nears Rs 100-mark pan-India; Check revised rate

  June 18, 2021 13:11 IST

  In Mumbai, where petrol price crossed Rs 100 mark for the first time ever on May 29, the fuel price reached new high of Rs 103.08 per litre on Friday. Diesel price also increased in the city by 30 paisa per litre to reach Rs 95.14 a litre, the highest among metros.

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  HDFC Bank to refund 'GPS device commission' charged on auto loan

  June 18, 2021 12:10 IST

  HDFC Bank has announced a refund of the controversial 'GPS device commission' charged to auto loan borrowers for six years.

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  Indians' funds in Swiss banks jump to Rs 20,700 crore, highest in 13 years

  June 18, 2021 9:01 IST

  Funds held by Indians in Swiss banks rose to Rs 20,700 crore in 2020, data released by Switzerland's central bank has revealed.

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  Second COVID wave shaved off Rs 2 lakh crore output: RBI assessment

  June 17, 2021 21:10 IST

  The devastating second wave of the coronavirus pandemic in April-May is estimated to have cost the nation Rs 2 lakh crore in terms of output, revealed an assessment made by the Reserve Bank. 

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  Indians' funds in Swiss banks rise to over Rs 20k cr, highest in 13 yrs

  June 17, 2021 20:19 IST

  The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years.

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  'Like US, Europe, others, India also evolving in terms of regulations to deal with social media'

  June 17, 2021 17:57 IST

  Newly-elected president of industry body CII TV Narendran on Thursday said like other countries, India is also evolving in terms of regulations to deal with issues concerning social media companies.

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  CEO Satya Nadella appointed as new Microsoft Chairman

  June 17, 2021 11:41 IST

  Nadella, the company’s third CEO, will also be the third chairman in Microsoft’s history, following Gates and Thompson.

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  Edible oil prices down up to 20% in certain categories; Check revised rates here

  June 17, 2021 10:01 IST

  As per the data from the Department of Consumer Affairs, the prices of edible oils are now coming down over the past month, and in some cases, the decline is by as much as nearly 20 per cent, as shown in prices in Mumbai.

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  TCS, Infosys, Wipro, HCL, Tech Mahindra, Cognizant to cut 3 million jobs by 2022: Report

  June 16, 2021 20:29 IST

  With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping USD 100 billion mostly in salaries annually, says a report.

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  Net Direct Tax collections for 2021-22 grow by almost 100%

  June 16, 2021 17:54 IST

  ​The net direct tax collection has doubled to over Rs 1.85 lakh crore so far this fiscal, mainly driven by personal income tax and advance tax mop up, the I-T department said on Wednesday.

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  Coca Cola loses $4 billion after Cristiano Ronaldo removes soft drink bottles at presser

  June 16, 2021 17:41 IST

  ​Little did Cristiano Ronaldo know that his gesture of removing a couple of coke bottles would cause a heavy loss to the company.

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  Flipkart opens 2.2 lakh sq ft warehouse in West Bengal, to create about 3,500 direct jobs

  June 16, 2021 16:45 IST

  Walmart-owned Flipkart on Wednesday said it has set up a new fulfilment centre (warehouse) in West Bengal, its second-largest in the state, that will help in creating nearly 3,500 direct jobs.

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  LIC Cards launches RuPay prepaid gift card 'Shagun'

  June 16, 2021 15:26 IST

  The purpose of this card is to expand the gift card market with an intent to promote cashless ways of gifting and present a wide range of end-use choices and in future foray into the market of e-gift cards, LIC CSL said in a statement.

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  ‘Shaadi Shagun’ Scheme: Good News! Govt to give rs 51,000 to graduate Muslim girls

  June 16, 2021 14:36 IST

  Muslim girls who complete their graduation before marriage will be eligible to get Rs 51,000.

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  Sukanya Samriddhi Yojana: Plan your daughter's future with govt-backed scheme - All you need to know

  June 16, 2021 13:43 IST

  Launched under the Beti Bachao Beti Padhao initiative-this yojana provides better interest under the small investment scheme.

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  Google Pay expands cards tokenisation with more Indian banks

  June 16, 2021 13:15 IST

  After rolling out tokenisation with Kotak Mahindra Bank, SBI Cards and Axis Bank, Google Pay has now added debit cards by SBI, IndusInd Bank and Federal Bank and Credit cards by IndusInd Bank and HSBC India to its slate

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  Petrol and Diesel price hiked again to reach historic high: Check new rates in your city

  June 16, 2021 11:43 IST

  On Wednesday, the oil marketing companies (OMCs) raised the price of petrol and diesel between 12-25 per litre across the four metros.

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  SBI KAVACH Personal Loan for Covid patients: Zero processing fee, 3 months moratorium - How to Apply

  June 16, 2021 11:25 IST

  SBI Kavach Loan: State Bank of India is offering collateral-free Kavach Personal Loan that will cover the expenses of Covid-19 treatment.

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  Jubilant FoodWorks announces final dividend of Rs 6, Q4 net profit at Rs 105.30 crore

  June 16, 2021 11:09 IST

  Jubilant FoodWorks Dividend: Jubilant FoodWorks will pay a final dividend of Rs 6 per equity share.

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  EPFO defers filing of PF return with Aadhaar seeded UANs till September 1

  June 16, 2021 11:08 IST

  The EPFO had directed that PF returns shall be allowed to be filed only for those members whose Aadhaar numbers are seeded and verified with the UAN, with effect from June 1, 2021.